Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label eurdollar. Show all posts
Showing posts with label eurdollar. Show all posts
05 December 2011

The Difference Between Eurodollars and M3 Eurodollars

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My friend Bart at Nowandfutures.com and I have discovered the cause of the discrepancy between his, and presumably John Williams' esti...
11 October 2008

LIBOR is in Backwardation and Significantly Divergent from Effective Fed Funds

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LIBOR has ceased to function as a reliable benchmark suitable for commercial and residential loans in terms of US dollars. It is in backward...
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